NOT LISTED FOR SALE

2205 Meadow Dr Lafayette, IN 47909

Edgelea Neighborhood

Estimated Value: $114,000 - $179,000

3 Beds
1 Bath
816 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $73,750 $90 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $978/month

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property
  • Concrete Flooring

About This Home

As of February 2021

This home is located at 2205 Meadow Dr, Lafayette, IN 47909 since 21 January 2021 and is currently estimated at $149,278, approximately $182 per square foot. This property was built in 1955. 2205 Meadow Dr is a home located in Tippecanoe County with nearby schools including Edgelea Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

Last Agent to Sell the Property

Kent Brewer

Indiana Integrity REALTORS Listed on: 01/21/2021

Last Buyer's Agent

Mary Holtz

Indiana Integrity REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $906

Year Built

  • Built in 1955

Lot Details

  • 6,055 Sq Ft Lot
  • Lot Dimensions are 56 x 132
  • Level Lot

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for electric, fuel, sewer, water
  • Assessor Parcel Number 79-07-33-331-017.000-004

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $960
  • Fuel Expense $720
  • Insurance Expense $900
  • Maintenance Expense $250
  • Water Sewer Expense $480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$906

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1955
  • Age: 66
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Edglea Addn Pt 1 Sec 2 lot 32
  • Parcel Number ID: 79-07-33-331-017.000-004
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Sp Lp Percent: 105.36
  • Monthly Gross Income: 550
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 816
  • Total Finished Sq Ft: 816
  • Above Grade Finished Sq Ft: 816
  • Price Per Sq Ft: 90.38
  • Basement Foundation: Slab
  • Flooring: Concrete, Vinyl
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 960
  • Annual Fuel Expense: 720
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 250
  • Annual Water Sewer Expense: 480
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Lafayette
  • Elementary School: Edgelea
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 56 x 132
  • Estimated Lot Sq Ft: 6055
  • Estimated Lot Size Acres: 0.139

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Fuel, Sewer, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 550
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 4, 2021
Sold by
Vomar Llc
Bought by
Jp & Bw Acquisitions Llc
Seller's Agent
Kent Brewer
Indiana Integrity REALTORS
Buyer's Agent
Mary Holtz
Indiana Integrity REALTORS
List Price
$70,000
Sold Price
$73,750
Premium/Discount to List
$3,750
5.36%
Current Estimated Value
$149,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,528
Avg. Annual Appreciation
15.34%

Purchase Details

Closed on
Jan 8, 2015
Sold by
Oliver Rick L
Bought by
Vomar Llc

Purchase Details

Closed on
May 18, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Oliver Rick L

Purchase Details

Closed on
Nov 1, 2003
Sold by
Fader John Stephen and Fader Roseyre
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jp & Bw Acquisitions Llc -- None Available
Vomar Llc -- --
Oliver Rick L -- --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $73,750 +5.4% $90 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $70,000 -- $86 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,244 $112,200 $21,100 $91,100
2023 $1,332 $66,600 $21,100 $45,500
2022 $1,210 $60,500 $21,100 $39,400
2021 $1,062 $53,100 $21,100 $32,000
2020 $924 $46,200 $12,000 $34,200
2019 $906 $45,300 $12,000 $33,300
2018 $874 $43,700 $12,000 $31,700
2017 $874 $43,700 $12,000 $31,700
2016 $866 $43,300 $12,000 $31,300
2014 $916 $45,800 $12,000 $33,800
2013 $908 $45,400 $12,000 $33,400
Source: Public Records

Agents Affiliated with this Home

  • Kent Brewer

    Seller's Agent in 2021

    Kent Brewer

    Indiana Integrity REALTORS

    (765) 532-5572

    2 in this area

    43 Total Sales

    Kent Brewer
    Section Image
  • Mary Holtz

    Buyer's Agent in 2021

    Mary Holtz

    Indiana Integrity REALTORS

    (765) 532-6901

    7 in this area

    169 Total Sales

    Mary Holtz
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202102135

Indiana Regional MLS

APN: 79-07-33-331-017.000-004

Indiana Tippecanoe County Lafayette 47909 Edgelea

2205 Meadow Dr, Lafayette, IN

This home is located at 2205 Meadow Dr, Lafayette, IN 47909 since 21 January 2021 and is currently estimated at $149,278, approximately $182 per square foot. This property was built in 1955. 2205 Meadow Dr is a home located in Tippecanoe County with nearby schools including Edgelea Elementary School, Lafayette Tecumseh Junior High School, and Sunnyside Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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